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Apr 22, 2013
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. >>> here at home faa furloughs of air traffic controllers began today but the real test is tomorrow. the first business day of the week. delays could run for hours at major hubs such as atlanta and new york. because of sequester cuts all air traffic controllers may take one day off every two weeks. that means most towers will lose one controller every day maybe more. here in the bay area today, sfo and manetta san jose experienced no delays. sources at sfo said four employees there were furloughed today. ktvu's deborah villalon was live as they rolled out furloughs there. >> reporter: this tower went dark over an hour ago. it's closed overnight. it will reopen at 6:00 a.m. for another busy day of small planes, business jets and commercial flights and fewer controllers to manage the mix. >>> a rise in airlines prepared for take off to los angeles. one of nine flights keeping this santa rosa terminal busy today under the watchful eye of the tower. down by at least one controller, maybe two. the one who answered said he was too busy to talk about it. >> who knows, today was the first d
. >>> here at home faa furloughs of air traffic controllers began today but the real test is tomorrow. the first business day of the week. delays could run for hours at major hubs such as atlanta and new york. because of sequester cuts all air traffic controllers may take one day off every two weeks. that means most towers will lose one controller every day maybe more. here in the bay area today, sfo and manetta san jose experienced no delays. sources at sfo said four employees there...
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Apr 22, 2013
04/13
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planning to fly sometime soony why the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found inside the building. we'll bring you the updates on this latest gun tragedy as we get them. >>> bells will ring at 2:50 to mark one week since the deadly marathon bombings struck and according to investigators the lone surviving suspect, dzhokhar tsarnaev, is responding to questioning. under heavy guard in the hospital he is undergoing brief rounds of interrogation apparently responding by writing his answers. the 19-year-old was shot through the neck in what some have speculated may have been a suicide attempt. despite largely republican calls to have him held as an enemy combatant, he could face federal charge
planning to fly sometime soony why the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found...
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Apr 24, 2013
04/13
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republicans say the faa has been mismanaged. there's clearly irritation that 10% of the country's air-traffic controllers have been furloughed and some suggestedlet money should come from elsewhere in the faa budget. >> these are all bad choices. i acknowledge that. but in order to comply with the guidelines of the sequester law, we have to take these actions. >> i wish you would have told us earlier so we had a chance to plan. >> lawmakers told him they knew the cuts were coming but only get the details of how they'll be carried out last week. >> shepard: with everybody in the country screaming and yelling and 3-hour delays, my guess is they're going to figure something out. >> well, that's what everybody's waiting for. which side will blink first. one lawmaker representing the chicago area, a democrat, said what about the idea if you avoided the nation's largest and busiest airports, think o'hare, thinking that would be good for the traveling public. >> with all due respective a hard time believing that atlanta, chicago, and s
republicans say the faa has been mismanaged. there's clearly irritation that 10% of the country's air-traffic controllers have been furloughed and some suggestedlet money should come from elsewhere in the faa budget. >> these are all bad choices. i acknowledge that. but in order to comply with the guidelines of the sequester law, we have to take these actions. >> i wish you would have told us earlier so we had a chance to plan. >> lawmakers told him they knew the cuts were...
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Apr 22, 2013
04/13
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FBC
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there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very well because they can rely on their constituent groups, airlines and airport operators to run to congress in an attempt to put pressure on them to throw more money at the problem. >> so we have about a dozen flight delays here out of national airport, many of them going into new york area airports. it is tough to differentiate whether it is a problem with air traffic control or flying system you will get delays. you can't go into this assuming before sequestration and furloughs there were no delays at any airport. trying to figure out what the exact impact is rather difficult. however the airline industry said is co
there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very...
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Apr 22, 2013
04/13
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KPIX
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faa officials have declined to comment on e suit. livet sfo, elissa harrington, kpix 5. >> thank you. earlier this month, the faa delayed the closure of control towers at 149 airports until june. >>> checking bay area headlines this morning, richmond police are searching for two gunmen who shot and injured a man on saturday night on griffin drive. police found the victim in his car. they say the man was targeted. witnesses say the suspects got away in a white suv shortly after the shooting. that was around 8 p.m. on saturday. >>> in hayward a young man who was shot has died. the 26-year-old man was shot saturday around 10 p.m. in the driveway of a home on franklin avenue. he was taken to a hospital for emergency treatment but died of his injuries yesterday. so far, police have no suspects. >>> in alameda, a coast guard cutter has returned home greeted by joyous families yesterday. they spent three months in wateuthe california. mbers resc on a sailboat and raided a boat with more than 2 tons of marijuana. >>> he had his birthday off
faa officials have declined to comment on e suit. livet sfo, elissa harrington, kpix 5. >> thank you. earlier this month, the faa delayed the closure of control towers at 149 airports until june. >>> checking bay area headlines this morning, richmond police are searching for two gunmen who shot and injured a man on saturday night on griffin drive. police found the victim in his car. they say the man was targeted. witnesses say the suspects got away in a white suv shortly after...
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Apr 24, 2013
04/13
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FBC
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neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no business person would make the choice to cut things that effect their customers the most. why does government make that decision unless there is some motivation to get the consequences to be as dramatic and difficult as possible. neil: they say they have no choice. i don't know who is telling trulgingtruth, i have looked in, they say with these cuts they are almost preordained, these are cuts to some everyone agreed. i don't remember talking to a losalot of your colleagues at te time that sequestration would include automatically air traffic controllers, maybe i missed something? >> absolutely not the
neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no...
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Apr 22, 2013
04/13
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FBC
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this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri: and, of course, it to you. breaking news this afternoon about a lawsuit filed by the industry. the judge in that case did not grant an emergency stay to block furloughs. are you surprised? >> i am a little surprised. obviously a lot of legal opinions that says the faa can actually switch funds around to make this, but i do think it will take but the administration and congress to come together to solve this problem. the faa should delay the cuts that congress should clear up the authority to switch around of funds. it will take both bodies to prioritize this is a proble
this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri:...
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Apr 22, 2013
04/13
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for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been falling or forever a decade, and when they were told they had to do the sequestration last fall, logically you would have prepared and put your work force in place at atlanta and new york, and not at branson, missouri, which averages less than one flight per hour. they didn't do that. they were counting -- i was in washington, dc for almost 15 years. you expect things to work out, expect to never have to cut. but the cuts are here but they don't get it. for next year's budget they asked for 100 more people, and three extra billion dollars for securit
for the faa the numbers don't add up. their work load has been decreasing and yet they didn't make the necessary changes to prepare for the sequestration. which they've known since last fall was coming. that's why it's just politics as usual in d.c. >> neil: so these cuts that the white house was referring to that took effect formally yesterday, aren't real? >> the cuts are real all right but the problem for the federal aviation administration is their real work load has been...
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Apr 23, 2013
04/13
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KQED
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to halt the budget cuts. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before by any budget sequestration or any shutdown of the faa or anything like that. >> and even the white house admits this was never supposed to happen. at reagan national airport, i'm hampton pierson for "nightly business report." >> flying may be more difficult these days but there's good news for drivers. prices at the pump are down $.11 a gallon over the last two weeks and could fall by another.20 as we get closer to memorand e err memorial day. >>> leading sectors were energy and technology, ahead of the after the bell earnings. the dow ended the day 19 points higher and the s&p 500 added 7. the price of gold rebounded today, surging nearly $26 to $1,421 announced. but last week as the price of gold was falling, investors pulled $2.7 billion out of gold exchanged traded funds. most of the money was invested in international stock. >> turning to market focus. texas instruments reported the profits were higher than
to halt the budget cuts. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before by any budget sequestration or any shutdown of the faa or anything like that. >> and even the white house admits this was never supposed to happen. at reagan national airport, i'm hampton pierson for "nightly business report." >> flying may be more difficult these days but there's good news for...
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Apr 23, 2013
04/13
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KICU
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as of now, the furloughs mean all 47,000 faa employees, including 15 controllers, will work one less day every other week. faa administrator michael huerta found no other way to cut $637 million as required by the sequester. the faa implies that with fewer controllers on duty, planes will have to take off and land less frequently. it's not only passengers affected. sequestration may also affect air freight. the aerospace industries association predicts over the course of a year the nation's air cargo system may be as much as two billion pounds of goods lighter as a result of fewer cargo flights. boeing dreamliners may be heading for the skies, possibly as early as next week. the 787s have been grounded since january because a couple of lithium ion batteries on board caught on fire. boeing reportedly has engineers and techs working this week to install re-inforced batteries on its jets, which will reduce the risk of overheating. "it took a long time to prove this fix, about 3 weeks longer than boeing thought necessary, so i think they feel pressure now to go ahead, allow these planes
as of now, the furloughs mean all 47,000 faa employees, including 15 controllers, will work one less day every other week. faa administrator michael huerta found no other way to cut $637 million as required by the sequester. the faa implies that with fewer controllers on duty, planes will have to take off and land less frequently. it's not only passengers affected. sequestration may also affect air freight. the aerospace industries association predicts over the course of a year the nation's air...
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Apr 22, 2013
04/13
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KPIX
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the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday to stop the furlough of air traffic controllers saying the cuts will result in delays up to an hour at major airports and hubs throughout the country. travel industry analysts say what's happening is political gamesmanship. >> the faa was shut down a few years ago. flights weren't affected. it seems to me like there is a request or directive out there to take steps so passengers will be inconvenienced and they will call their elected officials to get them to take action. >> reporter: now let's see what's happeninat airports around the this is live picture of mineta san jose international airport. i found three delays there this morning. the longest, 30 minutes. only a couple of 10-minute delays in oakland. and a few delays here at sfo, as well. now, even if sfo avoids furloughs, passengers could still feel the pinch because of the domino effect from delays at connecting airports. and speaking about those delays i found this morning, it's uncl
the faa called for two furlough days for every two-week period to cut more than $600 million from the budget. airlines filed a lawsuit on friday to stop the furlough of air traffic controllers saying the cuts will result in delays up to an hour at major airports and hubs throughout the country. travel industry analysts say what's happening is political gamesmanship. >> the faa was shut down a few years ago. flights weren't affected. it seems to me like there is a request or directive out...
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Apr 24, 2013
04/13
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with respect to the faa contrac@ control towers, what the faa did, they sat down with the department of homeland security and the pentagon with the stake holders to help them prepare for it. did did not happen here with respect to the air traffic control furloughs. it's clear if we're going to learn about the cuts via white house press release, and that is simply unacceptable. we should be managed better. p >> to your point, other agencies have discretion; right? have they not asked -- they probably would have received the same. they spent 500 million on consultants, maybe necessary, but we could have probably found other ways to do this. just go to the cafeteria for the day. >> a 4% cut, talking about, what, 40% of flights delayed. what's more troubling is when the directer was confronted about how about deferring some of these expenditures for long term projects and releasing the funds for immediate or short term needs like making sure that we have aircraft controllers available to help with the immediate issue, he didn't have an answer and didn't respond, and, again, when confront
with respect to the faa contrac@ control towers, what the faa did, they sat down with the department of homeland security and the pentagon with the stake holders to help them prepare for it. did did not happen here with respect to the air traffic control furloughs. it's clear if we're going to learn about the cuts via white house press release, and that is simply unacceptable. we should be managed better. p >> to your point, other agencies have discretion; right? have they not asked --...
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Apr 22, 2013
04/13
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the faa slashed the budget by more than $600 million. mark rosenker, a former ntsb nannal list and cbs responsibility says the delays could hit for hours. >>> we're going to see delays for the carriers, the passengers, and frankly i believe for the economy. >>> the country's largest pilots union and the airline is trade association are suing to stop the fur lou. asian markets were mostly higher. tokyo's nikkei added about 2% to a nearly 5-year high. hong kong's hang seng added a fraction. essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this weekend. the sigh-fie thriller stars tom cruise as one of the last hu
the faa slashed the budget by more than $600 million. mark rosenker, a former ntsb nannal list and cbs responsibility says the delays could hit for hours. >>> we're going to see delays for the carriers, the passengers, and frankly i believe for the economy. >>> the country's largest pilots union and the airline is trade association are suing to stop the fur lou. asian markets were mostly higher. tokyo's nikkei added about 2% to a nearly 5-year high. hong kong's hang seng added...
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Apr 19, 2013
04/13
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FBC
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of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any n
of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing...
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Apr 22, 2013
04/13
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annual budget of the faa. they say the way the faa were cuts makes the delays even worse. >> under the applicable laws. the faa has the authority or the discretion to find the money elsewhere. not to lay off the workers. and, therefore, to protect the traveling and shipping public, the faa should not furlough the air traffic controllers. now congressional republicans charge the way the administration has structured this is simply for political reasons. the administration says that's absolutely not the case. they say the way is law isten o other choices than to furlough these air traffic controller if they have to reach the savings that the law requires, shep. >> >> shepard: we are expecting it to say four different flight delays faa is saying. airlines anywhere between 6700. about a quarter of the flight traffic in this country daily. in a statement the faa says they will be working with the airlines and using traffic management tools to minimize the delay impacts of trafficking busy summer travel season. the
annual budget of the faa. they say the way the faa were cuts makes the delays even worse. >> under the applicable laws. the faa has the authority or the discretion to find the money elsewhere. not to lay off the workers. and, therefore, to protect the traveling and shipping public, the faa should not furlough the air traffic controllers. now congressional republicans charge the way the administration has structured this is simply for political reasons. the administration says that's...
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Apr 24, 2013
04/13
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FBC
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the faa and administration says the law does not give them that authority. so they're continuing to go around on that point and may take congress to change the law to get any movement here on this what the top democrat in the senate is proposing is using what is known as overseas contingency operation money, oco money, basically money we're not going to spend in iraq and afghanistan from winding wars down there. republicans call it a budget trick. the white house is endorsing it. >> these are real policy choices that produce savings. we believe that senator reid's proposal is a good one in that it would temporarily delay the sequester and all the negative effects that we're talking about now to air travelers and families and seniors. >> whether oco is the mother of all gimmicks or just a glaring one, everybody other than the majority leader evidently agrees on one thing it is the height, the height of fiscal irresponsibility. >> other democrats are suggesting closing what is known as the corporate jet tax loophole to pay for the air traffic controllers. ther
the faa and administration says the law does not give them that authority. so they're continuing to go around on that point and may take congress to change the law to get any movement here on this what the top democrat in the senate is proposing is using what is known as overseas contingency operation money, oco money, basically money we're not going to spend in iraq and afghanistan from winding wars down there. republicans call it a budget trick. the white house is endorsing it. >> these...
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Apr 23, 2013
04/13
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. >> as the faa began furloughing air traffic controllers and the flight delays began. the finger pointing quickly followed. >> as a result of administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. >> congress had an opportunity but republicans made a choice. and this is a result of a choice they made to embrace the sequester as, and i'm quoting republicans, as a victory for the tea party and a home run. >> if the blame was partisan, the pain was not. long lines and missed connections raised bipartisan concerns with republican and democratic senators asking the transportation secretary and head of the faa how much funding do you need to avoid furloughing air traffic controllers and to keep the contract air traffic control towers open and what could you cut from other accounts to avoid or reduced air traffic controller furloughs and contract closures and there were bipartisan proposed solutions. >> what i believe is there ought to be postponement of these furloughs to give all of us a chance to r
. >> as the faa began furloughing air traffic controllers and the flight delays began. the finger pointing quickly followed. >> as a result of administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. >> congress had an opportunity but republicans made a choice. and this is a result of a choice they made to embrace the sequester as, and i'm quoting republicans, as a victory for the tea party and a home...
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Apr 22, 2013
04/13
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CNBC
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>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted terrorist attack via amtrak between new york and montreal. let's listen to this. >> before we start, i would ask that you please turn off or put on silent mode your cell phones. today's press conference will last approximately 30 minutes. the rcp will be making statements on a national security criminal investigation. integrated national security enforcement teams in montreal and toronto. the statements will be followed by a short question period. >> okay. we want to get you the details of this press conference happening right now in canada. let's get to bertha coombs to give
>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted...
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Apr 24, 2013
04/13
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CSPAN
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if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. say i willy to continue with a balanced approach. i think that is the right approach. 40,000 ,000 of the employees at the faa are air- traffic controllers. most of the employees at the faa are subject to this furlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my call. tohought they were going control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off. could they go to a satellite gps system?
if there was a line item at the faa, the faa was still have to because of theat inflexibility of the sequestration law. that shows the sequestration is a bad approach. we to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my call. of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say...
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Apr 24, 2013
04/13
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we expect to hear from the head of the faa any minute. we'll get the latest reaction when i see you next hour. live in washington, kyla campbell, ktvu channel 2 news. >>> newly-released documents show the obama administration has known for years about financial problems at fisker auto mowive in an time -- auto motive in anaheim. the electric carmaker was sent a letter saying they were not meeting the milestones set up as a condition of getting the loan. it took another leer for the federal government to cut -- year for the federal government to cut off their funding. a hearing is being held about the loan to that troubled automaker. >>> the house of representatives will vote today on a republican plan to provide more funding to cover people with preexisting conditions under president obama's healthcare reform. starting next year, the act will ban insurance companies not accepting those with preexisting conditions. the republicans want to divert $4 billion from a prevention program in the healthcare reform plan. but democrats and the white
we expect to hear from the head of the faa any minute. we'll get the latest reaction when i see you next hour. live in washington, kyla campbell, ktvu channel 2 news. >>> newly-released documents show the obama administration has known for years about financial problems at fisker auto mowive in an time -- auto motive in anaheim. the electric carmaker was sent a letter saying they were not meeting the milestones set up as a condition of getting the loan. it took another leer for the...
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Apr 24, 2013
04/13
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they blasted the faa administrators for not warning people about the cuts to the faa and the impact on air travel. they are blaming the faa for not coming up with a real solution while democrats are blaming colleagues in congress for not finding their way out of the cuts. a senator republican leader ripped senator harry reid for using a budgetary gimmick for getting out of this mess. >> the majority leader is ditching the president on this issue. the president has said he would only consider replacing the sequester with attacks hike. whatever you want to say about oko it's not attacks hike it's borrowed money. >> reporter: overseas contingency operations. that is using money not spent on the war to try to offset the cuts. other republicans have called this a manufactured crisis mismanaged from the outset and they say it smells of politics, martha. martha: mike, thank you. >> reporter: thank you. bill: 26 minutes now before the hour. critics slamming the president's reaction in pons to the boston bombings. here is the exchange with bill o'reilly and charles krauthammer. >> he's afraid i
they blasted the faa administrators for not warning people about the cuts to the faa and the impact on air travel. they are blaming the faa for not coming up with a real solution while democrats are blaming colleagues in congress for not finding their way out of the cuts. a senator republican leader ripped senator harry reid for using a budgetary gimmick for getting out of this mess. >> the majority leader is ditching the president on this issue. the president has said he would only...
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Apr 19, 2013
04/13
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KICU
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boeing came up with a fix, which the faa is now testing. the ordeal has already cost the jet maker $600 million, but more losses could be added on as airlines consider asking boeing for compensation. a quiet town in texas mourns the tragic deaths of more than a dozen people caught in a massive explosion at a fertilizer plant. it's considered the largest industrial disaster this decade. president obama quickly pledged federal emergency funds to the area. rescuers spent hours searching through rubble for survivors. the disaster started with a small fire at west fertilzer plant. according to reports, the company was fined $2,300 by the epa for a saftey violation, but settled in 2006. the german parlaiment is backing a $13-billion bailout for struggling cyprus. it's nearly twice the amount estimated a month ago. german taxpayers worry even more money may be needed. the cyprus parliament votes on the bailout package next week. the german prime minister calls the rescue essential, and says without it there's a "significant risk" of contagion to g
boeing came up with a fix, which the faa is now testing. the ordeal has already cost the jet maker $600 million, but more losses could be added on as airlines consider asking boeing for compensation. a quiet town in texas mourns the tragic deaths of more than a dozen people caught in a massive explosion at a fertilizer plant. it's considered the largest industrial disaster this decade. president obama quickly pledged federal emergency funds to the area. rescuers spent hours searching through...
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Apr 24, 2013
04/13
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CSPAN
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if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word "balance." just say you're going to raise taxes. guest: sorry to say i will continue with a balanced approach. i think that is the right pproach. about 15,000 of the 40,000 employees at the faa are air-traffic controllers. most of the employees at the faa are subject to this urlough. that is because of the inflexibility of the sequestration law. host: lewis from maryland. caller: thank you for taking my all. i thought they were going to control the air traffic by satellite and the gps system. would this given some time with the changes you have now and the number of air traffic controllers being laid off.
if there was a line item at the faa, the faa was still have to cut cut8% of that because of the inflexibility of the sequestration law. that shows the sequestration is a bad approach. we need to replace it with something more long term. host: martin, a republican. caller: good morning. thank you for taking my all. only 1/3 of the employees of the faa are air traffic controllers. and that their budget this year is larger after the budget. i will wait for that common. stop using the code word...
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Apr 23, 2013
04/13
by
FBC
tv
eye 59
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the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican bill that specifically gave him flexibility? why did he reject the opportunity to emplo and void inflicting pain? he wants air travelers to blame republicans. as you sit on the tarmac, you're being urged to write to congress. administration is using the heavily regulated airlines to channel your anger. it hurts them, so blame the republicans, not me. i don't think it is going to work. we can see through this ploy and don't we deserve better management than this? i'm going to try to remember the last time a president deliberately hurt the pres
the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican...
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567
Apr 22, 2013
04/13
by
FBC
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faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution -- administration views the sequester as a attempt to score political points rather than address issues and than find real savings in a bloated federal brock bureaucracy. the way they arranged the law, they have few other options. >> the faa unlike other agencies is personnel heavy. in the end you can not avoid, when 70% of your operating budget is personnel you can not avoid when the cuts are deep as they are in the sequester the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across-the-board cuts like this. >
faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution --...
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121
Apr 22, 2013
04/13
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CNBC
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>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >> and the question is, if you're waking up this morning, you have a choice of which airport you're going to, he's going to laguardia, maybe, new york or jfk. >> give me some advice. >> what do you do? we're trying to get him into teet teeterboro. mike? >> any airport is going to get gummed up. >> it doesn't matter? >> no. look, your delay out of laguardia means you're going to miss your connection in chicago. so it's a whole system. omaha is going to get hit, lincoln is going to get hit, everybody is going to get hi it. >> but to be fair, we
>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >>...
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Apr 22, 2013
04/13
by
KPIX
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the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of giving people out there. over a million dollars i guess has already been donated for folks affected in the boston marathon bombings. >> reporter: right. some of the victims' close friends and families have set up crowd funding campaigns that have gone viral. they are attracting thousands of donations around the world. many of the victims expected to occur hundreds of thousands of dollars in medical and rehab costs so boston mayor menino and massachusetts governor patrick have also set up the one fund boston to help victims. and as of friday morning, that fundra
the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of...
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Apr 24, 2013
04/13
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FOXNEWSW
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what the head of the faa is telling lawmakers next. -frplts we are here in the control room. a brand-new hour coming your way right now including the very latest on the boston terror massacre. a live report straight ahead. packers take over the -- hacker take over the twitter tpoerbgt the "associated press." reports that the white house have been attacked leaving the stock market to temporarily plunge, is this a preview of cyber terrorism? experts weigh in. one day before the dedication of the president bush library we'll talk to the man who whraus the 43rd president's official white house photographer as ph and breaking news happens right now. jenna: well tomorrow to a new hour of "happening now," everyone. i'm jenna lee. jon: i'm jon scott. a team of u.s. investigators is in president province of dagestan located in a region known for islamic fanaticism where they are interviewing the parents of of the boston bombing suspects. this is developing as we gerting a better per of the brother believed to be the mastermind behind the terror attack. we have live team fox coverage f
what the head of the faa is telling lawmakers next. -frplts we are here in the control room. a brand-new hour coming your way right now including the very latest on the boston terror massacre. a live report straight ahead. packers take over the -- hacker take over the twitter tpoerbgt the "associated press." reports that the white house have been attacked leaving the stock market to temporarily plunge, is this a preview of cyber terrorism? experts weigh in. one day before the...
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626
Apr 19, 2013
04/13
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FBC
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faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among
faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on...
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1.2K
Apr 22, 2013
04/13
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KPIX
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on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearly an hour and a half. >> when your air
on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers,...
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83
Apr 24, 2013
04/13
by
FBC
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lou: the faa says staffing reductions from sequester related furloughs are to blame for the more than 1,000 flight delays yesterday. interestingly, few washington d.c. area airports are experiencing any delays allow. senator ted crews, republican of texas now said he wants the path the citizenship taken off the table for immigration reform. in an interview with cbs a senator crews suggested the reason president obama and the democrats are insisting on a path the citizenship in the gang of a pill is that they know that it will scuttle the effort altogether and that they will be able to campaign on the issue again in 2014 and 2016. our first guest says before we hurry to overhaul our immigration laws we must methodically look at each of the components that need to be fixed to that end, the house judiciary committee will unveil two measures this week aimed at creating a new temporary agricultural guest worker program and a measure that requires all employers to use e-rarefy. joining us now, house judiciary committee chairman, congressman bob good lot of virginia. good to have you with us
lou: the faa says staffing reductions from sequester related furloughs are to blame for the more than 1,000 flight delays yesterday. interestingly, few washington d.c. area airports are experiencing any delays allow. senator ted crews, republican of texas now said he wants the path the citizenship taken off the table for immigration reform. in an interview with cbs a senator crews suggested the reason president obama and the democrats are insisting on a path the citizenship in the gang of a...
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55
Apr 23, 2013
04/13
by
FBC
tv
eye 55
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neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes and stuff to the gill. >> yes, you have 4 airlines controlling 85% of domestic flights, people saying that airfares are not going up are crazy, they are going up, they have been rising it will be a very expensive summer to travel, and chuck schumer saying it will be like flying in a blizzard, these are the conditions, if he is talking about a blizzard because of the sequester cuts, what is going to happen to travelers, they will think twice about travelling, 1.7 million people jammed and the planes this summer maybe they will think twice about going, then what is the economic impact on that? it affect
neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes...
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157
Apr 22, 2013
04/13
by
CNBC
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eye 157
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we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs. business and leisure travellers we talked to earlier today agree. >> traveling is stressful enough and when you don't know how long it's going to take you to get through the line, you have to add extra time that you wish you didn't have to to get from point a to point b. >> that will impact not only the stockholders, the employees, but also all of our customers. >> now, for the record, the faa will be furloughing 15,000 controllers. they have to take at least one day off every other week from now through the end of september. in our next update on "power lun lunch" we're going to talk to a spokesma
we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs....
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55
Apr 22, 2013
04/13
by
FBC
tv
eye 55
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dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
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88
Apr 22, 2013
04/13
by
KRON
tv
eye 88
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the faa deals with sequestered triggered furloughs for air-traffic controllers. passengers must deal with increased travel delays. everyone staying here in the day this week, the weather will be ideal for getting out doors. we will have a full of your forecast coming up. wow, i' 've been claritin clear for 10 days! when you yr allergies start, doctorcts recommend taking one non-drowsy claritin everevy day during your allergy season for continuous relief. 18 d18ays!s! 17 d17ays! 22 day ds of continuous relief. live cla critin clear. every da. walgrelgens can helphehen you're at the corner of "all"aergies" and "even more allergies." come to twalgreens for expert advice and the right products, like ckelaritin bonus packs - now no$18.99 with balance rewards card. at tathe corner of happy and healthy.
the faa deals with sequestered triggered furloughs for air-traffic controllers. passengers must deal with increased travel delays. everyone staying here in the day this week, the weather will be ideal for getting out doors. we will have a full of your forecast coming up. wow, i' 've been claritin clear for 10 days! when you yr allergies start, doctorcts recommend taking one non-drowsy claritin everevy day during your allergy season for continuous relief. 18 d18ays!s! 17 d17ays! 22 day ds of...
55
55
Apr 24, 2013
04/13
by
FBC
tv
eye 55
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on yesterday or the day before the said we have known since september these cuts were coming and the faa didn't put thei hand until the last minute to say this would cause major problems. from what i have seen and you have better data than i do. the delays seem to be diminishing. monday, 1200. tuesday 1,000. what is really going on here? if it is possible, and again this is what we are hearing, that maybe some of this is self-inflicted, just a slowdown if you will. >> i have great esteem and regard for air traffic controllers. they do a very great job in difficult situations. it can be weather-related at times, different parts of the country obviously have more delays, but my problem is with the faa a not really addressing this issue. they didn't talk to the airline until last tuesday to tell what was going to happen as far as the furloughs for air traffic controllers. they gave the airlines no opportunity to adjust their schedules, and what that cause is the flying public to be really put in a situation where it is very disruptive. gerri: the democrats are blaming you guys, democrats ar
on yesterday or the day before the said we have known since september these cuts were coming and the faa didn't put thei hand until the last minute to say this would cause major problems. from what i have seen and you have better data than i do. the delays seem to be diminishing. monday, 1200. tuesday 1,000. what is really going on here? if it is possible, and again this is what we are hearing, that maybe some of this is self-inflicted, just a slowdown if you will. >> i have great esteem...
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Apr 19, 2013
04/13
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FBC
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the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline stocks. it has been a great year. hope that doesn't get blown up by all of this. i'm going on vacation on sunday. that is when the furloughs are starting to kick in. i will be reporting angrily from the airport if you see me on monday, i'm not going to be happy. tracy:. tracy: ashley will be back on monday. you know how he gets when he talks about airlines and airline experiences. between the two of you will be good tv. jeff flock. >> thanks, trace. tracy: quarter past the hour. we have to get a check on these markets. as we do, lauren simonetti on the floor the exchange. we're lo
the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline...
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Apr 23, 2013
04/13
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CURRENT
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faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't feel any pain. programs like head start or food stamps or meals on wheels, right. didn't affect me. because i got a good life. well now you know, you're getting on a plane to go somewhere and you have a two-hour delay serves you right. only one way to get rid of this which is get rid of the sequester and have some sensible cuts not just these mad across-the-board cuts and if republicans really don't like what's happening, get rid of the sequester. one other issue immigration. immigration reform has a head of steam because there are -- this
faa's operations budget is personnel. the faa must furlough 47,000 employees for up to 11 days between now and the end of the fiscal year. >> bill: the bottom line is you can't have it both ways. you cannot say we want the sequester. we're going to let the sequester happen. and then bitch and moan every time the sequester has a real impact in the real world. which it is happening. before this, maybe it was just in areas where most people who are -- upper middle class or wealthy, didn't...
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Apr 23, 2013
04/13
by
FBC
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eye 82
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an ho later. ho later. just asking. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. [ male announcer ] a car that can actually see like e a hum, using ste
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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110
Apr 24, 2013
04/13
by
FBC
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eye 110
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the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and there's an argument whether or not the administration has structured these cuts to maximize delays. >> this imperial attitude on the part of the administration and you're the most recent of the imperialism is discussing. >> hardest thing to do is reduce these hours, but in order to hit the target, we need to hit, we don't have any choice. >> there's more than just cuts to the faa, and a short while ago saying there's frustration in the economic effects of the flight delays, but sequestering could cost the country and human kind a cure for aids, parkinson's or cancer referring to cuts in resea
the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and...
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99
Apr 22, 2013
04/13
by
FBC
tv
eye 99
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an hour later. just asking. we will be right back... and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. would absolutely not have taken a zip line in the jungle. i'm really gd that girl stayed at home. vo: expea helps 30 million travelers a month find what they're looking for. one traveler at a time
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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153
Apr 23, 2013
04/13
by
CNBC
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eye 153
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they blame it on furloughs from the faa. the faa intends to cut 10% of staffing. that's to save roughly $200 million coming out of the $637 million that it needs to cut from its budget. now the board behind me shows we are with seeing delays of 15 to 45 minutes in terms of the departures. in terms of the arrivals we are seeing 30 to 45 minutes. of course that's due to congestion. we have data that shows yesterday more than half of the flights at this airport did experience a delay. in addition to some security concerns, of course, from the furlough, how this is going to impact airlines and the broader economy is a big issue. southwest estimates the cost could be $200 million a year for that airline. american, of course, a bigger airline saying that it could cost them $650 million a year. carl, a couple of caveats to think about. of course weather could be the biggest reason you see flight delays. we had windy conditions here in new york city. everybody was willing to point the finger at the sequester. the other issue, of course, is the fact that you have different
they blame it on furloughs from the faa. the faa intends to cut 10% of staffing. that's to save roughly $200 million coming out of the $637 million that it needs to cut from its budget. now the board behind me shows we are with seeing delays of 15 to 45 minutes in terms of the departures. in terms of the arrivals we are seeing 30 to 45 minutes. of course that's due to congestion. we have data that shows yesterday more than half of the flights at this airport did experience a delay. in addition...
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Apr 24, 2013
04/13
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investors cheered that earnings news and the expectation that the faa will clear the dream liner for passenger flight later this week. boeing gained more than 3% today and is up more than 20% this year. >>> yesterday's fake associated press tweet the one that sent the markets into a temporary tailspin escalated concerns about corporate internet security and how safe all our online accounts really are. today a victory for the good guys. police in australia arrested a man believed to be a high level member of the computer hacking ring called lose security. it's part of the larger group known as anonymous. which has claimed responsibility for cyber attacks on the cia, sony pictures and even public broadcasting service. meanwhile, online brokerage giant charles schwab admitted the website was the target of a seco cyber attack in as many days. denying its clients access to their online accounts for several hours. the problem has been resolved and schwab investors can safely trade again. >>> with so many of those schwab clients using mobile devices to conduct trades. another worry on every
investors cheered that earnings news and the expectation that the faa will clear the dream liner for passenger flight later this week. boeing gained more than 3% today and is up more than 20% this year. >>> yesterday's fake associated press tweet the one that sent the markets into a temporary tailspin escalated concerns about corporate internet security and how safe all our online accounts really are. today a victory for the good guys. police in australia arrested a man believed to be...